NOT LISTED FOR SALE

532 Fathom Dr San Mateo, CA 94404

Mariners Isle Neighborhood

Estimated Value: $1,293,565 - $1,455,000

3 Beds
2 Baths
1,290 Sq Ft
$1,045/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2021

Last sale price $1,111,000 $861 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,575 / mo

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Bayside Academy Rated A-
  • Atrium Room
  • Wood Flooring

About This Home

As of June 2024

Enjoy breath taking waterfront and sunset views from the outside deck of this home. The interior of the house has natural light from interior courtyard. The master bedroom and main living area have floor to ceiling wall of windows facing the water, and a slider out to the deck. This end unit has HOA open space for a spacious yard feeling. This light, bright, single level home with attached 2 car garage has much potential for updating to make it your own. Due to the condition of the interior, (missing flooring and kitchen) this house will require a cash purchase. The floor plan is open and light, with potential to add a third bedroom/office.

Last Agent to Rent the Property

Michael Verdone

Economic Concepts License #00480064 Listed on: 06/20/2024

Last Renter's Agent

Michael Verdone

Economic Concepts License #00480064 Listed on: 06/20/2024

Home Details

Home Type

  • Single Family

Year Built

  • 1968

Lot Details

  • 2,056

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Dining Area
  • Den
  • Atrium Room
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • 2,056 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $4,000
  • Property Available on 7/1/24
  • Rent includes pool/spa
  • 12-Month Min and 36-Month Max Lease Term

Community Details

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse

Recreation

  • Sport Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Year Built

1968

Lot Details

2,056 Sq Ft Lot

HOA Fees

$175 per month

Parking

2

Rental Info

  • Available: 07/01/2024
  • Lease Terms: Credit Report Required, Deposit Required
  • Maximum Lease Months: 36
  • Minimum Lease Months: 12
  • Rent Includes: Pool/Spa
  • Security Deposit: 4000

Listing Details

  • Subclass: House For Rent
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1290
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Dishwasher, Oven - Electric, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1290
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Atrium, Office Area
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool Description: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Parking Area

Utilities

  • Heating System: Central Forced Air, Fireplace

Condo/Co-op/Association

  • Complex Name: Mariners Green
  • HOA Amenities: Bbq Area, Club House, Community Pool, Game Court (Outdoor), Gym / Exercise Facility, Playground, Recreation Room, Sauna / Spa / Hot Tub
  • HOA Exist: Yes

Lot Info

  • Lot Acres: 0.0472
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2054.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2054.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Skylight

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2022
Sold by
Verdone Michael G
Bought by
Michael Glenn Verdone Trust
Current Estimated Value
$1,348,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,800
Outstanding Balance
$910,091
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$438,050

Purchase Details

Listed on
Jul 13, 2021
Closed on
Jul 29, 2021
Sold by
Otto Pelz Hermann
Bought by
Hermann O Pelz 2004 Trust
Seller's Agent
Akiko Lewis
Compass
Buyer's Agent
Michael Verdone
Economic Concepts
List Price
$998,000
Sold Price
$1,111,000
Premium/Discount to List
$113,000
11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%

Purchase Details

Listed on
Jul 13, 2021
Closed on
Jul 26, 2021
Sold by
Pelz Jeffrey and Hermann O Pelz 2004 Trust
Bought by
Verdone Michael Glenn and Michael Glenn Verdone Trust
Seller's Agent
Akiko Lewis
Compass
Buyer's Agent
Michael Verdone
Economic Concepts
List Price
$998,000
Sold Price
$1,111,000
Premium/Discount to List
$113,000
11.32%

Purchase Details

Closed on
Nov 23, 2004
Sold by
Pelz Hermann O
Bought by
Pelz Hermann O

Purchase Details

Closed on
Oct 18, 1996
Sold by
Pelz Hermann O
Bought by
Pelz Hermann O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Michael Glenn Verdone Trust -- Chicago Title
Verdone Michael G -- Chicago Title
Hermann O Pelz 2004 Trust -- --
Verdone Michael Glenn $1,111,000 Chicago Title Company
Pelz Hermann O -- --
Pelz Hermann O -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verdone Michael G $970,800
Previous Owner Pelz Hermann O $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Off Market $1,111,000 -- --
06/21/2024 06/21/24 Rented $5,475 0.0% --
06/21/2024 06/21/24 Under Contract -- -- --
06/20/2024 06/20/24 For Rent $5,475 +12.3% --
06/15/2023 06/15/23 Rented $4,875 +4.3% --
06/01/2023 06/01/23 Under Contract -- -- --
05/26/2023 05/26/23 For Rent $4,675 0.0% --
07/29/2021 07/29/21 Sold $1,111,000 +11.3% $861 / Sq Ft View Prior Sale
07/22/2021 07/22/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $998,000 -- $774 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,020 $1,179,000 $589,500 $589,500
2023 $15,020 $1,133,220 $566,610 $566,610
2022 $14,030 $1,111,000 $555,500 $555,500
2021 $4,538 $317,953 $102,557 $215,396
2020 $4,095 $314,694 $101,506 $213,188
2019 $3,950 $308,524 $99,516 $209,008
2018 $3,829 $302,475 $97,565 $204,910
2017 $3,354 $296,545 $95,652 $200,893
2016 $5,646 $290,731 $93,777 $196,954
2015 $4,109 $286,365 $92,369 $193,996
2014 $3,727 $280,756 $90,560 $190,196
Source: Public Records

Agents Affiliated with this Home

  • Michael Verdone

    Landlord's Agent in 2024

    Michael Verdone

    Economic Concepts

    (650) 208-0669

    2 in this area

    34 Total Sales

    Michael Verdone
    Section Image
  • Akiko Lewis

    Seller's Agent in 2021

    Akiko Lewis

    Compass

    (925) 786-5468

    1 in this area

    54 Total Sales

    Akiko Lewis
    Section Image
  • Veronica Duran

    Seller Co-Listing Agent in 2021

    Veronica Duran

    Compass

    (510) 938-3692

    1 in this area

    13 Total Sales

    Veronica Duran
    Section Image
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Map

Source: MLSListings

MLS Number: ML81970465

MLSListings

APN: 035-503-010

California San Mateo County San Mateo 94404 Mariners Isle

532 Fathom Dr, San Mateo, CA

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